According to this fidelity "guru" slow economic growth and historical low interest rates are going to feed the multi year bull market. He goes on to say âLow growth means low interest rates, and actually thatâs one of the best environments for stock-market investing,â Really, all the sudden low growth and low interest rates are a positive for the global economy. Damn this market is completely upside down. I think bernanke is going to keep rates down forever, as long as the bull is riding high why fu$k with the interest rates and the shut down of the almighty printing press, just keep the fu$king think pumping to keep everything propped up. Isn't that what a real economy is all about. Fidelity Guru: Multi-Year Bull Market Ahead Tuesday, October 13, 2009 2:36 PM By: Dan Weil Article Font Size A multi-year global stock market rally has begun, says Anthony Bolton, president of investments for money-management powerhouse Fidelity International. The rise will be led by emerging markets, he told Bloomberg. Whatâs going to feed the bull? Continuous, slow economic growth combined with low interest rates. âLow growth means low interest rates, and actually thatâs one of the best environments for stock-market investing,â said Bolton, who oversees about $141 billion. U.S. and European central banks will continue their low interest rate policies for another year, he says. Emerging markets will perform best because their economic growth is stronger than in developed nations, Bolton maintains. âAnything that can show growth in this low-growth environment is going to be bid up by investors. Itâs very pro the emerging-market world versus the developed world.â China represents one of Boltonâs favorite markets, because he thinks the government can engineer solid economic growth without triggering inflation. The IMF just boosted its estimates for Chinese economic growth to 8.5 percent for this year and 9 percent for 2010. Not everyone is so enthusiastic about emerging market stocks after the 60 percent gain of The MSCI Emerging Markets Index so far this year. "Vulnerability to global confidence crises will continue to define emerging markets as an asset class," World Bank managing director Ngozi Okonjo-Iweala told a recent conference. âRecovery is going to be weak, growth slow for the medium term."